for lease retail property at martinsburg …...market overview foxcroft towne center at martinsburg...
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SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT:
Andy Segallasegall@segallgroup.com410.960.0361 CELL
410.753.3000 OFFICE
SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
Joe Fleischmannjfleischmann@segallgroup.com443.472.3927 CELL
410.753.3000 OFFICE
OVERVIEW• Join Walmart, Hobby Lobby and Bon Ton at this regional retail
center on I-81 in growing Martinsburg
• Big box and pad opportunities available
• New restaurants to open at the property include Chili’s and Panera Bread
• New pylon signage and outstanding visibility to I-81
FEATURINGSIZE Pad site(s), small and large format retail space
AVAILABILITY Late 2016-2017
RENTAL RATE TBD
NET CHARGES $2.00/sf CAM, $1.94/sf TAXES, $0.25/sf INS
TRAFFIC COUNT 72,683 AADT - I-81
DEMOGRAPHICS AT A GLANCE2016 DEMOGRAPHICS 3 MILES 5 MILES 10 MILES
Population 31,856 55,242 113,986
No. Households 12,900 21,433 42,880
Average HH Income $59,949 $65,044 $68,669
Daytime Population 21,215 28,930 41,296
R E T A I L P R O P E R T Y
for leaseFoxcroft Towne Centerat MartinsburgMARTINSBURG, WV 25401
All information herein was obtained from sources deemed reliable. This information is subject to change. No warranty is made as to it’s accuracy.
AREA OF REDEVELOPMENT
SHOPS PAD AVAILABLE
PAD AVAILABLE
R E T A I L P R O P E R T Y
for lease
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
Andy Segallasegall@segallgroup.com410.960.0361 CELL
410.753.3000 OFFICE
Joe Fleischmannjfleischmann@segallgroup.com443.472.3927 CELL
410.753.3000 OFFICE
REDEVELOPMENT Foxcroft Towne Center at Martinsburg • Martinsburg, WV 25401
VIEWVIEWVIEWVIEWVIEWEWVIEWVIEWEWVIEW NNNORTH FRROROMOMOMOM FOXCOXXCROFTROFTROFTFROFT AVAVAVAVEAVEEAVEAVEAA NUENUENUEENUEUENU
VIEWVIEWVIEVIEWVIEVV NORNORORORO THTH OOOVER VEV EXISSXISSTINGTINGTINGTIN FOXFOXFOOOXFOXCROFCROCROFROFC T TOT TOT TOTOTOTT TOWNEWNEWWWWNEWNEWNWNW CENTCENTCENTENTCENTENTCENTCCENTC ERERERERRREER
VIEWEWEWEWWEW NORNONORONORNORORTH TH TH OHT VERVERERER REDVREDVREDREDVREDVVREDVEDVVVELOELOELOELOELOPELOPELOLOE MENTMENTMENTENM AREAREAREAREAREAREREAAAAAAAA
VIEWVVIEWVIEWVVIEWVIEWVIEWVIEW NORNORNORNORNNNORNNNN TH ATH TH ATH ATH ATH AT BOVEBOVEBOBOBOVEOVEBOVEOVEOVEBOVEB V REDREDREDREDDDRREDREDRRR DVELVELOVELOVV PMENPMENENT ART ART AREAEAE
81
81
81
SHOPS
PAD AVAILABLE
PAD AVAILABLE
R E T A I L P R O P E R T Y
for lease
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
Andy Segallasegall@segallgroup.com410.960.0361 CELL
410.753.3000 OFFICE
Joe Fleischmannjfleischmann@segallgroup.com443.472.3927 CELL
410.753.3000 OFFICE
CONCEPT PLAN Foxcroft Towne Center at Martinsburg • Martinsburg, WV 25401
81
74,3
11 A
AD
TFO
XC
RO
FT T
OW
NE
CEN
TER
AT
MA
RT
INS
BU
RG
POTENTIALPAD SITE
271 CARS
AVAILABLE
AT LEASE
R E T A I L P R O P E R T Y
for lease
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
Andy Segallasegall@segallgroup.com410.960.0361 CELL
410.753.3000 OFFICE
Joe Fleischmannjfleischmann@segallgroup.com443.472.3927 CELL
410.753.3000 OFFICE
OUTPARCEL LEASING PLAN Foxcroft Towne Center at Martinsburg • Martinsburg, WV 25401
1,500 SF
2,00
0 SF
4,00
0 SF
1,500 SF2,000 SF
R E T A I L P R O P E R T Y
for lease
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
Andy Segallasegall@segallgroup.com410.960.0361 CELL
410.753.3000 OFFICE
Joe Fleischmannjfleischmann@segallgroup.com443.472.3927 CELL
410.753.3000 OFFICE
81
74,3
11 A
AD
T
8,96
7 A
AD
T
31,845 AADT
MARTINSBURG HIGH SCHOOL
1,713 Students
FOXCROFT TOWNE CENTER AT MARTINSBURG
®
THE COMMONS
10 SCREENS
PROPOSED
9
9
US
11
US
11
SHOPPES AT FOXCROFT
WEIS CENTER
SITESITE
AERIAL Foxcroft Towne Center at Martinsburg • Martinsburg, WV 25401
MANASSAS
RICHMOND0 mi 40 80 120
VIRGINIA
MARYLAND
PENNSYLVANIA
REGIONAL MAP
BEDFORD
HARRISONBURG
CHARLOTTESVILLE
HARRISBURG
GETTYSBURG
FREDERICK
HANOVER
ALTOONA
WINCHESTER
BALTIMORE
ARLINGTON
FREDERICKSBURG
95
76US
30
US
15
US
17
US
11
US
22
US
422
US
220
US
301
95
7095
68
95
64
95295
HAGERSTOWN
MARTINSBURG
D.C
WALDORF
R E T A I L P R O P E R T Y
for lease
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
Andy Segallasegall@segallgroup.com410.960.0361 CELL
410.753.3000 OFFICE
Joe Fleischmannjfleischmann@segallgroup.com443.472.3927 CELL
410.753.3000 OFFICE
MARKET OVERVIEW Foxcroft Towne Center at Martinsburg • Martinsburg, WV 25401
High Growth Area - 37.2% increase from 2000 to 2010 - Fastest Growing County in WV
• Martinsburg is the county seat of Berkeley County. Berkeley County is the second largest county in West Virginia, with a population of 104,169. The County is also the fastest growing in the State, with a 37.2% increase in population from the 2000 to 2010 census. In addition, Jefferson County (adjacent to Berkeley Co.) is the 2nd fastest growing county in the state with a 26.8% population increase during the same period.
Strategic Location
• MARC commuter rail service runs daily from Martinsburg to Washington, DC, making the area an easy commute.
• Berkeley County’s location places it within 500 miles of 50% of the U.S. population and two-thirds of all industrial activity in the U.S. The major highway systems connect the County to the Washington-Baltimore metropolitan area as well as most of the East Coast and Canada.
Diversifi ed Economy
• Martinsburg has a very diverse economy that continues to grow with new businesses continuing to locate in the area.
New Job Growth
• Proctor & Gamble Co. is investing over $500 million to build a new 1 million square foot manufacturing facility opening in 2017. The plant will bring over 700 new full-time jobs.
• DC Corp., a large scale, state-of-the-art data center, is investing over $100 million to expand from 180,000 square feet to a new 280,000 square feet facility and add 50 new employees.
• Macy’s invested $165 million to open a new 1.3 million square foot fulfi llment center in Martinsburg in July 2012, employing 900 with plans to increase to 1,200 employees.
Major Employers
Higher Education Facilities
• Shepherd University (enrollment 5,000+) was named the top-ranked West Virginia public baccalaureate institution for the second consecutive year, earning the 40th top spot among the Best Baccalaureate Colleges in the South in the 2010 edition of America’s Best Colleges, published by the U.S. News Media Group.
• Blue Ridge Community & Technical College recently built a new campus in Martinsburg and has an enrollment of 4,690 students.
10 miles 15 miles 20 miles 25 miles 30 miles
Population 111,889 187,758 310,989 469,180 666,901
Median HH $55,187 $54,981 $53,085 $55,953 $57,948
Average HH $70,177 $69,598 $68,640 $72,806 $76,520
Name Employment Primary Product/Service
Berkeley County Schools 2,300 Education
Veterans Administration 1,569 Medical Facility
Quad Graphics Inc. 1,357 Trade Binding
West Virginia Air National Guard 1,230 Civil Air Patrol
Enterprise Commuting 900 Public Finance Activities
WVU Hospital East 900 Medical Facility
Macy’s 900 E-Commerce/Distribution
US Coast Guard Operations Systems 875 National Security
Bureau of Alcohol, Tobacco & Firearms 615 US Government Services
Regional Educational Service Agency 450 Legislative Bodies
FedEx Smartpost 360 Courier Services
Orgill 325 Wholesale/Retail
R E T A I L P R O P E R T Y
for lease
SEGALL GROUP COMMERCIAL REAL ESTATE202.833.3830 OFFICE
1600 Wilson BoulevardSuite 930Arlington, VA 22209
s e g a l l g r o u p . c o m • R E TA I L O R I E N T E DSM
Members of the International Council of Shopping Centers and Realty Resources.
FOR MORE INFORMATION, CONTACT: SEGALL GROUP COMMERCIAL REAL ESTATE410.753.3000 OFFICE
605 South Eden StreetSuite 200Baltimore, MD 21231
Andy Segallasegall@segallgroup.com410.960.0361 CELL
410.753.3000 OFFICE
Joe Fleischmannjfleischmann@segallgroup.com443.472.3927 CELL
410.753.3000 OFFICE
TRADE AREA Foxcroft Towne Center at Martinsburg • Martinsburg, WV 25401
VIRGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGINNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNIA
MMMMMMMMAAAAAAAAAAAARRRRRRRRRRRRRYYYYYYYYYYYYYYYLAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAANDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
VIRGINIA
PENNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNSYLVANIA
WINCHESTER
FREDERICK
HAGERSTOWN
70
68
81
81
FOXCROFT TOWNE CENTER AT MARTINSBURG
SITE
2016 DEMOGRAPHICS TRADE AREA
Population 186,747
Households 70,836
Median HH Income $57,065
Daytime Population $56,877
Per Capita Income $27,145
Median Age 39.6
Median Home Value $203,780
Families 48,491
Retail Expenditures(Average)
$24,902
Restaurant Expenditures(Average)
$3,151
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